New Life Christian Daycare
EIN: 465151514 · Pearl, MS · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $707K |
| Total Expenses | $855K |
| Net Assets | $-90,568 |
Is New Life Christian Daycare Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Life Christian Daycare
New Life Christian Daycare (EIN: 465151514) is a nonprofit organization based in Pearl, MS, classified under NTEE code P20. The organization reported total revenue of $707K and total assets of $117K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Life Christian Daycare's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Life Christian Daycare is a small nonprofit that has been operating for 7 years, with 10 years of IRS 990 filings on record (2014–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $578K |
| Total Expenses | $855K |
| Surplus / Deficit | $-277,033 |
| Total Assets | $100K |
| Total Liabilities | $191K |
| Net Assets | $-90,568 |
| Operating Margin | -47.9% |
| Debt-to-Asset Ratio | 190.5% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2023, New Life Christian Daycare reported a deficit of $277K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 190.5% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.3% | -39.3% | -69.2% |
| 2022 | +149.8% | +107.0% | +58.7% |
| 2021 | -3.4% | +0.2% | +2.2% |
| 2020 | +4.4% | +12.1% | +791.8% |
| 2019 | +52.8% | +38.6% | +26.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Life Christian Daycare has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Life Christian Daycare with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $277K, with expenses exceeding revenue.
- Debt-to-asset ratio: 190.5%.
Frequently Asked Questions about New Life Christian Daycare
Is New Life Christian Daycare a legitimate charity?
Based on AI analysis of IRS 990 filings, New Life Christian Daycare (EIN: 465151514) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Life Christian Daycare spend its money?
Detailed spending breakdown data is not yet available for New Life Christian Daycare. Check back for updated IRS 990 analysis.
Are donations to New Life Christian Daycare tax-deductible?
New Life Christian Daycare is registered as a tax-exempt nonprofit (EIN: 465151514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Life Christian Daycare located?
New Life Christian Daycare is headquartered in Pearl, Mississippi and files with the IRS under EIN 465151514. It is classified under NTEE code P20.
How many years of IRS 990 filings does New Life Christian Daycare have?
New Life Christian Daycare has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $707K in total revenue.
Filing History
IRS 990 filing history for New Life Christian Daycare showing financial trends over 10 years of public records:
Total assets increased by 10005400% over the same period, from $1 to $100K. In its most recent filing year (2023), New Life Christian Daycare reported a deficit of $277K, with expenses exceeding revenue. The organization holds $191K in liabilities against $100K in assets (debt-to-asset ratio: 190.5%), resulting in net assets of $-90,568.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $578K | $855K | $100K | $191K | — | View 990 |
| 2022 | $1.5M | $1.4M | $325K | $138K | — | View 990 |
| 2021 | $613K | $681K | $204K | $295K | — | View 990 |
| 2020 | $635K | $680K | $200K | $223K | — | — |
| 2019 | $608K | $607K | $22K | $150K | — | View 990 |
| 2018 | $398K | $438K | $18K | $147K | — | View 990 |
| 2017 | $341K | $419K | $-89,313 | $0 | — | — |
| 2016 | $286K | $284K | $-6,219 | $5K | — | — |
| 2015 | $59K | $72K | $17K | $30K | — | — |
| 2014 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $578K, expenses of $855K, and assets of $100K (revenue -62.3% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $325K (revenue +149.8% year-over-year).
- 2021: Revenue of $613K, expenses of $681K, and assets of $204K (revenue -3.4% year-over-year).
- 2020: Revenue of $635K, expenses of $680K, and assets of $200K (revenue +4.4% year-over-year).
- 2019: Revenue of $608K, expenses of $607K, and assets of $22K (revenue +52.8% year-over-year).
- 2018: Revenue of $398K, expenses of $438K, and assets of $18K (revenue +16.7% year-over-year).
- 2017: Revenue of $341K, expenses of $419K, and assets of $-89,313 (revenue +19.4% year-over-year).
- 2016: Revenue of $286K, expenses of $284K, and assets of $-6,219 (revenue +382.6% year-over-year).
- 2015: Revenue of $59K, expenses of $72K, and assets of $17K.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Life Christian Daycare:
Data Sources and Methodology
This transparency report for New Life Christian Daycare is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.